Lam Dong province, central Vietnam, is pushing investment promotion and improving its business environment to attract off-budget projects, creating growth momentum right from the start of 2026, reported Radio the Voice of Vietnam.
In the first quarter of this year, in addition to attracting 14 off-budget investment projects with a total registered capital of nearly VND55 trillion (approx. $2 billion), Lam Dong also approved capital adjustments for 12 existing projects, raising the total registered investment to over VND77.73 trillion (nearly $ 3 billion).
Notably, several large-scale, "engine-of-growth" projects have been deployed, including: the expansion of the Lam Dong Bauxite-Aluminum Complex and the Nhan Co Alumina Plant; the Ham Tien – Mui Ne Commercial and Service Urban Area; and the Bung Thi Hot Spring Resort.
Currently, the province has 2,933 valid projects with a total registered capital of approximately VND827 trillion ($31.4 billion). Among these, 2,109 projects are already completed and operational, while 824 projects are currently under development.
According to Mr. Dinh Ngoc Hieu, Deputy Director of the Provincial Center for Investment, Trade, and Tourism Promotion, nearly half of the 72 key projects calling for investment in the 2026–2030 period have yet to secure investors.
In the coming period, the center will continue to refine the project portfolio and increase field surveys to proactively attract capital inflows, ensuring they meet the province's requirements for sustainable development, said Mr. Hieu.
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